Aircraft fastener coatings market to hit US $1,356 million by 2026

The global aircraft fastener coatings market is to grow at a CAGR of around 4.7% between this year and 2026, according to a new report from Zion Market Research.

From a base level of US $939 million in 2018, the market is expected to generate around US $1,356 million by 2026.

The report picked out growing demand for aircraft fastener coatings, particularly from the Asia-Pacific region. Commercial aircrafts are predicted to hold the majority share of the market, not least due to rising production of A320 and B737.

Zion Market Research picked out cadmium coating to show the highest growth rate, thanks to its high corrosion resistance, good conductivity for EMI shielding and inherent lubricity that reduces galling. Dry lubricant is expected to hold a significant share of the market, thanks to 'superior working abilities even in extreme temperatures. Spray coating is also expected to grow substantially, thanks to a superior dispersion on materials.

For more details, contact Zion Market Research for the full report.